Cybercrime cost victims ‘staggering’ $16.6B last year • The Register | #cybercrime | #infosec

[ad_1] Digital scammers and extortionists bilked businesses and individuals in the US out of a “staggering” $16.6 billion last year, according to the FBI — the highest losses recorded since bureau’s Internet Crime Complaint Center (IC3) started tracking them 25 years ago. Also in 2024: Ransomware again posed the biggest threat to critical infrastructure organizations, […]

Optiv Report Finds Increased Cybersecurity Incidents, Strategic Budget Shifts as Organizations Combat Evolving Threat Landscape | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware

[ad_1] Based on an independent Ponemon Institute survey, the report reveals 79% of respondents say their organization is making changes to its cybersecurity budget. Of these respondents, 71% say security budgets are increasing, with the average budget at $24 million. This correlates with the heightened volume of threat vectors, with 66% of respondents reporting cybersecurity […]

DOGE-Trolling Ransomware Hackers Demand $1 Trillion In Bizarre Attack | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware

[ad_1] These DOGE ransowmare hackers demand a trillion dollar payment. AFP via Getty Images Update, April 25, 2025: This story, originally published April 23, has been updated with further details regarding the DOGE ransomware attack and information from a new FBI report about the FOG malware threat used following the latest trillion-dollar ransom note demand. […]

Prominent Buffalo child safety advocate charged with child porn | #childsafety | #kids | #chldern | #parents | #schoolsafey

[ad_1] A prominent advocate for child safety in upstate New York has been arrested on child pornography charges, authorities announced Wednesday. John Todaro, 49 of Amherst, was charged with promoting a sexual performance by a child and possessing a sexual performance by a child, both felonies, the New York State Police said in a statement. […]

Australia’s Cybercrime Paradox: Billions Booming, Breaches Ballooning | #cybercrime | #infosec

[ad_1] As I flicked through the 2024 State of the Industry report released by the Australian Cyber Network, I couldn’t help but marvel at the staggering numbers. $6.13 billion in revenue. A workforce charging toward 193,000 by 2029. Private investment nearly tripling. It reads like a success story—until you dig deeper and realise it’s the […]

Albany U.S. attorney wants to make telecom companies monitor texts for sexual predators | #childpredator | #kidsaftey | #childsaftey

[ad_1] The top federal prosecutor in Albany on Monday said he was considering a lawsuit that would force telecommunications and social media companies to use algorithms to monitor users’ conversations for sexual predation. Interim U.S. Attorney John A. Sarcone III said he has been stunned by cases of sexual exploitation of children and pledged to […]

Delaware cop Michael Kealty sexually exploited teen online | #childpredator | #onlinepredator | #sextrafficing

[ad_1] Defense cites PTSD in appeal for lower sentence While Kealty faced a maximum penalty of life in prison, under federal sentencing guidelines for someone like him with no criminal record, the range was 10 years behind bars to 11 years and three months, court records show. Knox sought the full 135 months for “grooming” […]

Threat Actors Increasingly Utilize Ransomware as a Service Boosted by EDR Killers | #ransomware | #cybercrime

[ad_1] The cybersecurity landscape is witnessing a significant shift as threat actors increasingly leverage Ransomware as a Service (RaaS) platforms enhanced by sophisticated Endpoint Detection and Response (EDR) killers. Despite successful law enforcement operations against established ransomware gangs like LockBit, new players have swiftly emerged to fill the void, employing aggressive business strategies and advanced […]

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